OLD National Bancorp IN Has $49.33 Million Stock Holdings in Meta Platforms, Inc. $META

OLD National Bancorp IN lessened its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,728 shares of the social networking company’s stock after selling 2,334 shares during the quarter. Meta Platforms comprises about 0.8% of OLD National Bancorp IN’s investment portfolio, making the stock its 15th largest position. OLD National Bancorp IN’s holdings in Meta Platforms were worth $49,327,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Westchester Capital Management Inc. acquired a new stake in Meta Platforms during the 3rd quarter worth $26,000. Key Capital Management INC acquired a new stake in Meta Platforms during the 4th quarter worth $48,000. Fairway Wealth LLC grew its holdings in Meta Platforms by 36.8% during the 4th quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after acquiring an additional 21 shares during the period. Dorato Capital Management acquired a new stake in Meta Platforms during the 4th quarter worth $62,000. Finally, PMV Capital Advisers LLC grew its holdings in Meta Platforms by 26.3% during the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock worth $63,000 after acquiring an additional 20 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Citigroup reissued an “outperform” rating on shares of Meta Platforms in a research note on Thursday, January 29th. Roth Mkm reissued a “buy” rating on shares of Meta Platforms in a research note on Thursday. Truist Financial cut their target price on Meta Platforms from $900.00 to $840.00 and set a “buy” rating on the stock in a research note on Thursday. Piper Sandler reissued an “overweight” rating and issued a $800.00 target price (down from $880.00) on shares of Meta Platforms in a research note on Thursday. Finally, Wedbush increased their target price on Meta Platforms from $880.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $840.67.

Meta Platforms Trading Down 0.0%

NASDAQ META opened at $608.74 on Monday. The firm has a market cap of $1.54 trillion, a P/E ratio of 22.13, a P/E/G ratio of 0.98 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The stock’s 50-day moving average is $629.62 and its 200-day moving average is $647.50. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.Meta Platforms’s revenue was up 33.1% compared to the same quarter last year. During the same quarter last year, the firm posted $6.43 earnings per share. Sell-side analysts anticipate that Meta Platforms, Inc. will post 30.82 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.63%.

More Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Q1 beat & AI ad momentum — Meta reported robust Q1 revenue and EPS, and management highlighted AI-driven ad tools and full‑stack model+chip co‑design that are expanding ad automation and advertiser reach. Meta Does Things Their Own Way
• Positive Sentiment: Robotics/AI talent add — Meta acquired humanoid‑robot startup Assured Robot Intelligence to accelerate robotics model optimization, signaling product diversification in AI/robotics. WSJ: Meta Acquires Assured Robot Intelligence
• Positive Sentiment: Energy and creator initiatives — Meta is signing energy partnerships (space solar/long‑duration storage) to secure power for compute-heavy AI centers and piloting stablecoin creator payouts — moves that support long‑term AI scale and monetization. AI drives growth (context)
• Neutral Sentiment: Analyst reactions mixed — Some firms (e.g., Stifel) trimmed price targets but retained “buy”; others raised targets on longer‑term AI upside. These tweaks sustain divergent Wall Street views on valuation vs. heavy CapEx. Benzinga: Analyst Moves
• Neutral Sentiment: Insider sales disclosed — COO Javier Oliván sold shares under a Rule 10b5‑1 plan; routine but notable given market noise. SEC Filing
• Negative Sentiment: Large CapEx raise spooks investors — Meta lifted 2026 capital expenditure guidance materially (now targeting major AI data‑center buildout), prompting concerns about near‑term free‑cash‑flow and returns; that is the primary reason the stock has been sold. Reuters: CapEx & market reaction
• Negative Sentiment: Regulatory/legal pressure — Threats to pull apps from New Mexico over child‑safety rules and US senators’ scrutiny over ad removals amplify litigation/compliance risk and potential costs. Reuters: Lawmaker Scrutiny
• Negative Sentiment: Reality Labs losses & deal setbacks — Continued multi‑billion losses in Reality Labs and a blocked Manus acquisition in China highlight near‑term cash drag and execution risks on speculative bets. CNBC: Reality Labs Loss

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total transaction of $386,860.00. Following the sale, the director owned 3,847 shares of the company’s stock, valued at $2,565,949. This trade represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 629 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $670.84, for a total value of $421,958.36. Following the sale, the chief operating officer directly owned 2,372 shares in the company, valued at approximately $1,591,232.48. This represents a 20.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 166,638 shares of company stock worth $106,697,681. 13.61% of the stock is currently owned by insiders.

About Meta Platforms

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.